The Collegian (Hurst, Tex.), Vol. [11], No. [26], Ed. 1 Monday, June 21, 1999 Page: 4 of 6
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Sports/News
page 4 • July 21, 1999
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I
Quick" breakfast
//
Owning sports franchises just got easier
Cleveland Indians stock soars as owner looks for buyer
I
1
Hostel offers deals for travelers
W'
Opportunities?
5
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a
Be a DIETETIC TECHNICIAN...
the future is yours
I
Reminders
I
’ summer II
Tuesday, July 27.
Call 515-3607
I j
Look
Technical Writing
v
4
s
For more information call Humanitites Dvision at 817-515-4597
Undecided on a Major?
Want a World of '
for the next
issue of
The Collegian
Monday, August 23.
Last day to drop
a class for
• Nutrition
• Food Preparation
• Management
• Health Spas
• World Class Restaurants
• School Systems ■
• Food Brokerage Companies
• Community Wellness Programs
July has been a busy month
for sports. Too bad we haven’t
had weekly issues to discuss all
the big sports controversies, but
I’m burning up while waiting to
address some of July’s hottest top-
ics. Apply sunscreen and read on.
As the month began, Texas
Rangers rightfielder Juan Gonza-
lez caused quite a stir by announc-
ing his intentions to skip the All-
Star game because he was not se-
lected to start the game. He spoke
• Sports Organizations
• Hospitals
• Long Term Health Facilities
• Food Distributors
• Food Management
The opportunities are endless...
Starting salaries up to $30,000
and have fun along the way!
Classes include:
is linked by International Booking
Network (IBN), allowing travelers
to reserve a pre-paid bed before de-
parting.
Hostels are different from ho-
tels in that they are usually set up
dormitory-style with separate quar-
ters for males and females with self-
service kitchens or cafeterias, din-
ing areas and lobbies.
Another difference between
hostels and hotels are the rates.
Overnight stays at hostels average
between $12-16 per night.
Members with a HI-AYH stu-
dent ID card may receive discounts
on museum and theater tickets, spe-
This world literature class will
focus on children's literature.
a common grounds course in
conjunction with History 2301,
section 11679, and focuses on
Texas writers and history.
Students taking this course must
also be enrolled in History 2301,
section 11679.
and will focus on narrative and
case studies in medical literature
to equip students in dealing with
the ability to relate to patients.
This composition course will
focus on Fort Worth's history,
culture and writers.
Ventura’s upcoming return to the
ring is a good thing. I doubt he is
catching many people by surprise
with this stunt. He will be a guest
referee at an upcoming pay-per-
view event in Minnesota’s Target
Center.
The people of Minnesota
knew he was a former wrestler
when they elected him last fall.
Sure, it’s unconventional, but the
governor is donating his check to
charity.
David
Boyd
sports editor
Children's Literature
World Literature I-C
English 2332, Section 11408
T-Th, 11 a.m. - 12:20 p.m.
Special Interest Courses for Fall 1999
Tarrant County College South Campus
or 515-3609
for more info
by Amy Bailey
reporter
Travelers of all ages can find
reduced rates for accommodations
as well as discounts for food and
entertainment through a world-wide
hostel organization.
Hosteling International-Ameri-
can Youth Hostels (HI-AYH) is a
non-profit organization that in-
cludes 5,000 hostels in 70 countries.
“Most Hostels offer one rate for
members that is about $3-$5 cheap-
er than the rate for non-members,”
Angela Cobb, HI-AYH business and
marketing manager, said.
HI-AYH’s worldwide network
Creative Writing
English 2307, Section 11382*
T-Th, 9:30 - 10:50 a.m.
Free * Computer
Quite possibly the two most
beautiful words in all of business.
Call today and learn how you can qualify for
a free computer, a personalized Web site
and the opportunity to create financial
independence for yourself.
’Certain requirements and restrictions apply.
817-232-3783
“Excel Communications Independent Rep.”
3024 Sandage Ave. f QI'7A Q^/f
Ft. Worth, TX 76109-1793 1 7 )
Not Certified by Texas Board of Legal Specialization
doughnut throughout the morning,
Bussman said.
“When you eat your doughnut
quickly, it limits the exposure time
to the sugar bacteria attack,” he
said. “Try picking up fruit or an-
other morning meal substitute.”
The mission of the Academy of
General Dentistry is to serve the
needs and represent the general in-
terests of dentist while fostering
continued proficiency through den-
tal education to better serve the
public.
More information on the Acad-
emy of General Dentistry, or for in-
formation on dentistry, visit the web
site at www.agd.org.
by Blair Ponder
associate editor
Owning a sports franchise is not as diffi-
cult as it used to be, but being a good loser is
important.
The Boston Celtics (BOS), the Florida
Panthers (PAW) and the Cleveland Indians
(CLEV) have made sports franchise owner-
ship easier for the “common” fan, Derrick
Kinney, American Express financial advisor,
said.
Last year, the Cleveland Indians Baseball
Company, Inc. became the most recent major
league sports franchise to begin trading stock
on Wall Street, or “go public” in investor jar-
gon, with an initial public offering (IPO) of
$15; however, in recent weeks the stock has
risen to $20 per share, Kinney said.
“This isn’t the norm,” he said, “both the
Celtics and the Panthers stock has fallen to
$10 per share and stayed there.”
James Wilson, an analyst for Jefferies &
Co. who covers the Florida Panthers Hold-
ings Inc., said in a recent report that sports
teams have such limited growth prospects
that most institutional investors stay away
from these stocks offerings.
“The reality is that it doesn’t make good
sense for sports teams to be public,” he said.
“Fortunately for the teams, fans have picked
—'g1!”' '''I.........iiimiww........................................................................
threat to strike or resign as a unit
is a joke. Let them go out there
and find real jobs where some kind
of work ethic is involved. People
do not go to games to watch um-
pires.
Games will go on; baseball
will be the same, with or without
the present umpires. I doubt any
replacements could screw up more
than these do already.
While pro-wrestling is not a
sport, I think Jesse “The Body”
up the slack in the teams’ move to ‘go pub-
lic’. Nearly 50,000 individuals own a single
share of the Celtics, which reduces the trad-
ing of the stock dramatically,” he said.
Kinney adds the reason sports franchises
go public is the lure of raising needed cash
quickly.
“The. Panthers used the $45 million they
raised from the selling of stock to help pay
for some of the fees charged by the NHL,” he
said.
Richard Jacobs, president of the Cleve-
land Indians Baseball Company, recently an-
nounced he wanted to sell the team he bought
for $35 million in 1986.
“His idea was to pump up the revenue for
the Indians’ stock, which had fallen to the
$10 range,” Kinney said. “Jacobs, who esti-
mates the Indians to be worth $300 million,
accomplished his goal of raising the stock
price. It’s around $20 today.”
One on-line investor nicknamed,'
MoMiBeach, said,. “Every stockholder will
get his share of the pie (should the team sell).
Yes, Jacobs will get the most because he
owns the biggest piece, but we will all get our
share.”
Jon Hobson, stock investor, added, “Who
wouldn’t want to own stock in one of the best
teams in baseball?”
With this 2 year degree you will have credentials
you can use at places like:
Literature and Medicine This class meets on Friday only,
World Literature II
English 2333, Section 11411
Friday only, 9 a.m. to 11:40 a.m.
Texas Literature/History This American literature blass is
American Literature II
English 2328, Section 11399
M-W, 9:30 - 10:50 a.m.
11:00 - 12:20 p.m.
This course consists of a writing
laboratory of literature genres
and includes lectures or
recognition and use of literary devices.
This course is an investigation
English 2311, Sections 11384 & 11385 of effective communication in
M-W, 6:00 - 7:50 p.m. and business and industry, with
T-TH, 9:00 - 11:40 a.m. focus on report writing.
Fort Worth-Facts, Fiction and Folklore
Composition II
English 1302, Section 11375
T-Th, 11 a.m. - 12:20 p.m.
not always best
Coffee and doughnuts can be a
quick breakfast scenario, but can
lengthen time spent in the dental
chair, the Academy of General Den-
tistry, said in a recent report.
“You’re running late for work,
you skip breakfast and you pick up
a doughnut and cup of coffee and
you’re on your way,” Dr. Paul Buss-
man, a spokesman for the Academy
of General Dentistry, said. “This is
extremely bad on your teeth.”
The sugars in doughnuts have
been identified as a risk factor for
gum inflammation and cavities,
Bussman said.
“It’s hard turn down a dough-
nut if you’re running late,” April
Guillot, South Campus sophomore,
said, “and coffee is always a morn-
ing requirement.”
Coincidentally, the amount of
sugar and cream in a cup of coffee
can have a direct effect on the
amount of cavity causing bacteria.
Bussman said tannins found in the
coffee can etch into the tooth enam-
el and produce a stained surface.
People can lessen the sugar
bath their teeth receive during this
“quick” breakfast by not nursing
their coffee or picking at their
Banquet —
(continued from page 1)
Perkins urged the audience to
first better themselves and then
better their surroundings and help
those around them to be success-
ful.
“I don’t measure success by
the kind of house I go back to. My
success will be measured in my
son, in the woman I married; in my
being a son, a father, a husband,” A
he said.
The amount of support provid-
ed to black business and endeavors
is one way of measuring success.
Providing support and being pto-
black does not make a person anti-
white, Perkins said.
II
< -
bV.-.
4
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I
cial travel packages, discounts at
restaurants and shops and foreign
language courses.
“Generally, every hostel you
visit has deals in the area. Most
will negotiate with local cafes and fl
other businesses for discounts,” ™
Cobb said.
The local 'workshops are at the
Center for Community Co-opera-
tion at 2900 Live Oak in Dallas.
For directions, call (214) 821 -0911. m
To obtain membership informa- fl
tion, call the HI-AYH. National Of- "
fice at (202) 783-6161, the North
Texas Council at (214) 350-4294 or
visit the website at www.hiayh.org.
TRAFFIC TICKETS
defended but only in Arlington, Fort Worth and elsewhere in Tarrant County.
* No promises as to results
* Any fines and/or court costs are not included in fee for legal representation
James R. Mallory
The Collegian ’
4
I HlUJI T
lllllBlllBBf
prefer to spotlight players who can
speak English more clearly.
Maybe his lack of exposure costs
him the popularity that is heaped
on less talented, soft-hitting out-
fielders from Cleveland.
Gonzalez may someday earn
election into the hall of fame, but
taking a stand the way he did may
have cost him the respect of many
of his fans, but not all of us.
On a completely different
note, I think the umpires’ union
Hr
out against the way starters are
elected by the fans in more of a
popularity contest than a game of
the best vs. the best.
Although I can certainly see a
From the cheap seats,
Gonzalez, umpires give baseball writers July juice
selfish angle here, I believe Gon-
zalez is right. While the All-Star
game does allow fans to watch
their favorite players from both
leagues compete, a new selection
process is needed to avoid ballot
box stuffing and popularity issues.
Sometimes the greatest play-
ers do not receive the most expo-
sure from the media. Latin players
often receive less attention for
their equally impressive work. I
suppose media outlets sometimes
The Cleveland Indians web site, www.in-
dians.com, said the Indians have established a
reputation as one of baseball’s best managed
franchises both on and off the field.
In recent years, profit has escalated from
growth in local revenues, appearances in post
season play and league expansion proceeds,
the site adds.
During the Jacobs ownership era, the In-
dians have developed a plan for sustained
success, the site said. The Indians believe
growth in franchise value will mean a prima-
ry long-term value for shareholders.
“Fans are quick to use their cash in order
to ‘own’ their favorite team,” Kinney said.
“Some of my clients who are sports fans had
me buy stock in the Indians this week.”
Stock of teams now publicly traded, and
those that might go public in the future, are
not likely to attract hardcore investors, Wil-
son said.
Athletes’ salaries and flighty fans limit
growth sources for sports franchises, he adds.
Kinney, who advises all types of in-
vestors, said many teams lose money consis-
tently year after year, so they do not release
earnings statements.
“Owning a sports team is not good busi-
ness,” Kinney concludes, “unless you’re
Jerry Jones or Pat Bolen.”
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The Collegian (Hurst, Tex.), Vol. [11], No. [26], Ed. 1 Monday, June 21, 1999, newspaper, June 21, 1999; Hurst, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1339615/m1/4/: accessed July 18, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Tarrant County College NE, Heritage Room.